November 21, 2024 14:15 GMT
RIKSBANK: Jansson - Weak SEK May Need To Be Addressed By Monetary Policy
RIKSBANK
Reuters citing comments from Riksbank Deputy Governor Jansson, speaking at Swedbank's annual international banking relations event:
In line with his comments over the last few months:
- "SWEDISH C.BANK'S JANSSON - UPSIDE RISKS FOR INFLATION ARE LESS THAN THEY USED TO BE" RTRS:
In the November meeting minutes, Jansson was the member of the Executive Board who expressed the most worries about the recent depreciation of the krona. His comments suggest the SEK shouldn't stand in the way of the Riksbank's plan for future easing for now, but it may become a more pertinent question in Q1 2025 as rates approach the assumed neutral level:
- "SWEDISH C.BANK'S JANSSON -IF DEPRECIATION OF CROWN CONTINUES, AT SOME POINT MIGHT HAVE TO BE ADDRESSED BY MONETARY POLICY" RTRS
- "SWEDISH C.BANK'S JANSSON -SO FAR OUR VIEW OF CROWN FROM AN INFLATIONARY POINT OF VIEW IS THAT IT'S NOT A BIG PROBLEM," RTRS
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